Tata Steel’s shares rose over 1% following impressive Q2 results for FY25. The company beat market estimates with a net profit of ₹758 crore, significantly higher than the CNBC-TV18 poll’s estimate of ₹210 crore, signalling a strong recovery from last year’s net loss of ₹6,511 crore in the same period.
The company reported revenue of ₹53,904.7 crore, exceeding projections of ₹53,425 crore. Although this reflects a slight year-on-year decline of 3.2% from ₹55,682 crore, Tata Steel’s EBITDA rose dramatically, reaching ₹6,141.2 crore—a 44% growth from last year’s ₹4,267 crore, and well above the estimates ₹4,976 crore.
The EBITDA margin saw notable improvement, rising to 11.4% compared to the projected 9.3% and up from 7.7% year-on-year.
As of 11:37 am, Tata Steel shares were trading 0.83% higher at Rs 154.89 on the NSE.
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